Company Dynamic

Eni US will become the first energy company allowed to explore for oil in federal waters off Alaska since 2015 after the Trump administration this week approved a drilling plan on leases the company has been sitting on for 10 years.

• Eni

Oil marketing majors gained in trade yesterday following the Oil Minister, Dharmendra Pradhan's assurance that the Oil and Natural Gas Corporation-Hindustan Petroleum Corporation Ltd (ONGC-HPCL) merger,

• ONGC-HPCL

Lenzing AG said that it plans to build a state-of-the-art facility to produce lyocell fibres in Prachinburi, Thailand.

• Lenzing

Lanxess AG has revised its organisational structure, following its latest acquisition of US firm Chemtura. The two business lines rubber additives business (RAB) and colourant additives business (CAB) now both belong to the Rhein Chemie business unit.

• Rubber
• Additive
• Lanxess

Actavis's products directly infringe Lilly's vitamin regimen patents in the UK, France, Italy and Spain.

• Vitamin
• Lilly's

Ineos Olefins and Polymers USA suffered a process upset at its La Porte, Texas, polyethylene facility resulting in an excess release of isobutane, the company reported Wednesday.

• Ineos
• HDPE

Continental A.G. plans to double the scope of the wet-handling capabilities at its Contidrom tire-testing facility outside of Hanover to accommodate the heavy demand for testing of this type.

• Continental
• Tire

Intertek, a leading Total Quality Assurance provider to industries worldwide, announces the expansion of its textile testing capabilities in the U.S., with the launch of new services for the fast-growing activewear sector.

• Intertek
• Textile

Archroma and MintModa, a fashion forecaster announced a new strategic partnership leveraging the respective strengths of both companies in colour creativity.

• Archroma
• MintModa
• Partner

Sumitomo Chemical Co Ltd and Bayer AG have reached an agreement on the development of fungicidal mixture products aimed at controlling soybean diseases in Brazil.

• Sumitomo

Shell said that it has agreed to sell its shares in Shell E&P Ireland Limited, that holds 45 percent interest in the Corrib gas venture, to CPP Investment Board Europe SARL, a wholly-owned subsidiary of Canada Pension Plan Investment Board (CPPIB).

• Shell
• Ireland

Enterprise Products Partners LP (EPD) and Navigator Holdings Ltd (NVGS) announced the execution of a letter of intent to jointly develop an ethylene marine export terminal on the Houston Ship Channel.

• Enterprise
• Navigator

Aramco Asia, China Daily and Xiamen University recently launched a joint corporate social responsibility (CSR) program to support students of Xiamen University who are interested in clean energy, entrepreneurship, and sustainable development...

• Aramco

Coca-Cola European Partners (CCEP) has unveiled its new United Kingdom sustainable packaging strategy, which will see it doubling the recycled plastic (rPET) content of all its bottles to 50 percent.

Coca-Cola European Partners (CCEP) has unveiled its new United Kingdom sustainable packaging strategy, which will see it doubling the recycled plastic (rPET) content of all its bottles to 50 percent.

• Coca-Cola
• European
• PET

CBI has been awarded a contract by PT Chandra Asri Petrochemical Tbk (CAP), to supply materials for the revamp of existing cracking heaters, at CAP's naphtha cracker plant in Cilegon, Indonesia.

• CBI

Taiwan's Formosa Chemicals and Fibre Corp. (FCFC) will shut its 550,000 mt/year PTA plant at Mailiao for two weeks of maintenance in August. The company's 700,000 mt/year PTA facility at Long Der will continue to run during the Mailiao shutdown.

• FCFC
• PTA

Saudi Aramco received the approval of the Saudi government to set up two new companies that will develop and operate a new Energy Industrial City in Saudi Arabia, as the kingdom seeks to expand its industrial base, state news agency SPA reported on Monday

• Saudi
• Aramco
• Energy

Commodity trader Cargill Inc completed the sale of its petroleum business to Australian investment bank Macquarie Group Ltd (MQG.AX) on June 30, a company spokeswoman told Reuters on Friday.

• Cargill
• Macquarie

China's crackdown on recovered plastic imports, called National Sword, will present business opportunities in the United States and other Western countries, one recycling official close to the issue believes.

• Plastics
• China
• Import